conditional sale

conditional sale definition - business

conditional sale

  1. A sale in which the buyer takes possession of an asset but receives title only after performance of some condition, normally full payment.
  2. Acquisition of an asset along with an agreement to resell under certain conditions.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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